Swiss bank UBS to relocate head of SWF business to Dubai

UBS is relocating Alberto Palombi, head of the investment bank’s global sovereign wealth fund business, to Dubai as deals pick up in the Middle East, said two people familiar with the decision who asked not to be identified as the information is not public.
Palombi, currently based in London, joined the largest Swiss bank in 2012 after the appointment of Andrea Orcel as head of UBS’s investment bank. Prior to joining UBS, Mr Palombi worked as a managing director for Bank of America Merrill Lynch in Dubai, the people said………………………………………..Full Article: Source